New to this sight and looking for ideas and advise on a 1031

[Jeff Crowson]

Hi everyone, I am purchasing some properties and am trying to decide if I should leverage several 3 to 6 properties or what?  Just had an offer accepted on a 4 plex in San Antonio area, new construction for 570K as of now putting down 300K and financing the rest probably going with a 15 yr. fixed but considering other options.  Each unit will rent for 1350 each then I have the usual cost PM etc. Don't need the cash flow now because I am still running my construction business for another 8 to 10 years God willing!  I am also looking in the middle Tennessee greater Nashville area.  I have 430k cash to work with excellent credit, what would you do in my position?  I will be needing the income from these properties once I retire, I also own a home in N. Scottsdale area that is leased out and paid for that property is worth about 500k and rents for 2,250 per month.

I reside in northern CA. Napa area but with the taxes and high property cost I have decided to look out of state for investment purposes and better ROI long term. I am also considering another SFR in Texas as well, even though I have had a rental/investment property since 2004 I consider myself a rookie when it comes to investment properties. Any input would be greatly appreciated and criticism is welcome , just trying to navigate through this 1031 situation and come out ok in the end. I can also adjust the down payment on the 4 plex it is early in the process. Thank you all very much!

Jeff C.